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US utilities shut off power to millions amid record corporate profits – report

Largest utilities spent billions on stock buybacks, dividend payments to shareholders and executive salaries, analysis finds ....

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Report: U.S. Utilities Shut Off Power 5.7 Million Times as Shareholders, Executives Raked in Billions

WASHINGTON Utility companies have disconnected U.S. households more than 5.7 million times since 2020 while shelling out billions to shareholders and top executives, according to Powerless in the U.S., a new report from the Center for Biological Diversity, Energy and Policy Institute and BailoutWatch. ....

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